May sunflower oil exports from Ukraine were up by 23% month-to-month
Refined Sunflower Oil
Ukraine
Published Jun 21, 2022
Tridge summary
Sunflower oil exports from Ukraine increased in May to 186 thou. t, 23% up month-to-month marking the highest volume since the beginning of the war, the APK-Inform consultancy reports.
Original content
"This suggests the adaptation of market participants to the current realities and the step-up of supply chains through functional land crossings and ports," the message reads. In May, the number of Ukrainian sunflower oil importing countries increased significantly to more than 60. 82% of the total volume was imported by the EU countries. Poland is the key importer of sunflower oil, with 20% of Ukraine's total exports. "The volume of deliveries to more distant countries (25% of Ukrainian exports in May) is heavily limited by logistics, increased delivery time and, accordingly, the cost of deliveries. However, Turkey is among the main importers following the EU countries, which imported more than 12 thou. t in the reporting period," comment the analysts. The largest importers of Ukrainian sunflower oil in 2021: The Ukroilprom projection for sunflower oil output in Ukraine in 2021/22 s 24.1% up YoY, at over ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.